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Dec 28, 2012
12/12
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what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right
what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've...
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Jan 1, 2013
01/13
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reid is still a part of it. but what you bring with joe biden is those decades of experience, and understanding the mind said of lawmakers. he has been on both sides of deal-making over the years when he had the leverage or didn't have the leverage, and knows what it's like to be in a tight spot and willing to try to work things out and to get creative about finding solutions. what happens in these deals is that you have staffers who are experts in various areas when it comes to tax policy or spending. people who know the budget like the back of their hand. they're really at the table looking for those details. so you might have the big overarching thematic discussions that have been going on for a long time. i've had people in both parties say there is a fundamental trust between joe biden and mitch mcconnell that is helping things along. if that's going well, then it also benefits harry reid and it benefits speaker boehner arguably if people believe there is a sense of good faith going back and forth. they mig
reid is still a part of it. but what you bring with joe biden is those decades of experience, and understanding the mind said of lawmakers. he has been on both sides of deal-making over the years when he had the leverage or didn't have the leverage, and knows what it's like to be in a tight spot and willing to try to work things out and to get creative about finding solutions. what happens in these deals is that you have staffers who are experts in various areas when it comes to tax policy or...
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Dec 26, 2012
12/12
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who does harry reid have to negotiate with them? where does he go? >> the president and harry reid can only negotiate so much. >> the question becomes if they can get a bill for 250 and below perhaps with the unemployment insurance attached to it, maybe put in sweetener with the estate tax, could they guarantee that would pass the house of representatives? from the statement we do not know that. >> jared, last week it was speaker boehner himself who could not get his own bill passed, the plan "b." and yet here he is trying to put it back on democrats and the president to get the bill passed making it clear they're not prepared to come back to washington and do anything to avoid the fiscal cliff. what do you think's going to happen? >> well, i thought luke took us eloquently through all the scenarios. but to me this is all simple. it really comes down to this. is john boehner willing to introduce a compromise plan in the house of the type the president offered before he left? extend the tax cuts only for the 250 and below. you kick the sequester down
who does harry reid have to negotiate with them? where does he go? >> the president and harry reid can only negotiate so much. >> the question becomes if they can get a bill for 250 and below perhaps with the unemployment insurance attached to it, maybe put in sweetener with the estate tax, could they guarantee that would pass the house of representatives? from the statement we do not know that. >> jared, last week it was speaker boehner himself who could not get his own bill...
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Jan 1, 2013
01/13
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. >> i think it's a little unreasonable for senator reid to say that something they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> laetset's bring in mike viqu. we understand there have been meetings throughout the afternoon. >> reporter: the future of this bill, the deal to avert the fsk fiscal cliff and is in turmoil. here is what's happening right now. house republican leadership has just concluded a meeting in the speaker's suite of offices in the usa capitol. they have called a second meeting of all house republicans that's due to start at 5:15 in about 15 minutes. they're going to review their options, what can be done. meanwhile, a senate aide tells me that the senate is done. they are gone for the 112th congress that expires on noon thursday. if the house chooses to amend the senate bill, as you reported, it was sent over at 2:00 after an overwhelming bipartisan vote of 89-8, this senate aide tells me the senate is not going to take it up, and house republicans are going to be responsible for, quote, the l
. >> i think it's a little unreasonable for senator reid to say that something they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> laetset's bring in mike viqu. we understand there have been meetings throughout the afternoon. >> reporter: the future of this bill, the deal to avert the fsk fiscal cliff and is in turmoil. here is what's happening right now. house republican leadership has just concluded...
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Jan 1, 2013
01/13
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they can vote against it as long as reid and mcconel can muster 51 vote force this thing. it appears if there are no procedural delay tactics which we can't afford that right now, they will be able to do that. that is the senate side. on the house side the question remains, this is a deal on the tax side that has no spending cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts, so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no spending cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd, you're saying as we sit here this evening, we're hearing there may be a senate vote tonight, the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >>
they can vote against it as long as reid and mcconel can muster 51 vote force this thing. it appears if there are no procedural delay tactics which we can't afford that right now, they will be able to do that. that is the senate side. on the house side the question remains, this is a deal on the tax side that has no spending cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no...
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Dec 31, 2012
12/12
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they can vote against it as long as reid and mcconel can muster 51 vote force this thing. it appears if there are no procedural delay tactics which we can't afford that right now they will be able to do that. that is the senate side. on the house side the question remains this is a deal on the tax side that has no spending cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver potentially for a deal like 24 with no spending cuts to pass it there tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd you're saying as we sit here this evening, we're hearing there may be a senate vote tonight the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think
they can vote against it as long as reid and mcconel can muster 51 vote force this thing. it appears if there are no procedural delay tactics which we can't afford that right now they will be able to do that. that is the senate side. on the house side the question remains this is a deal on the tax side that has no spending cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no...
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Dec 29, 2012
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tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a deal on monday and is it going to be enough? >> i think we will have a deal. one big difference now than maybe a couple of weeks, three weeks ago is a lot of republicans believe that eventually they really believe that the president would cave and they would cave again just like they did in 2010 that if he's so worried about a second recession would just smear his second term and he would cave. if you saw the president today in the news conference, he did not look like a guy about to cave to me. he's not going cave. this deal will go through. >> what's it going to be. >> will
tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a...
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Dec 29, 2012
12/12
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staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part of the discussion. that is significant development for house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate le
staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that...
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Dec 30, 2012
12/12
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>> it's clear from senator reid said, they are not going to touch social security. but the president has made clear in discussions with speaker boehner, these entitlement programs will be on the table but only if it's a broader debt deal. republicans have different ideas. they want to see more cuts in spending right now. >> arthel: thank you very much. >> gregg: congress is not only facing a fiscal cliff, it's up a dairy clarify, if you will. the current farm bill is set to expire on new year's day. if an extension of that is not passed, the farm policies would revert to laws back to 1949 and cost of milk, that could skyrocket. back then the government used a formula to calculate dairy prices that is much more expensive than it is today. one option said to be on the table is short term extension that would prevent milk prices from rising. >> arthel: to other stories. a judge ordering a psychiatric evaluation for a woman suspected of shoving a man off a new york public is way platform. he was arraigned last night on murder and hate crime. she confessed to pushing a m
>> it's clear from senator reid said, they are not going to touch social security. but the president has made clear in discussions with speaker boehner, these entitlement programs will be on the table but only if it's a broader debt deal. republicans have different ideas. they want to see more cuts in spending right now. >> arthel: thank you very much. >> gregg: congress is not only facing a fiscal cliff, it's up a dairy clarify, if you will. the current farm bill is set to...
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Dec 27, 2012
12/12
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. >> harry reid is working on legislation. >> harry reid, the congress and the president. >> the president is cutting his hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow
. >> harry reid is working on legislation. >> harry reid, the congress and the president. >> the president is cutting his hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this...
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Dec 29, 2012
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so while we have seen the principles, the president, speaker boehner, and now senator mcconnell and reid trying to get involved in stages in the last few weeks, it has always broken down because they fundamentally disagree about the big ideas over the core of this debate. they're fighting between the two parties. and this could get resolved in a matter of days or weeks. but the big difference, the issues could really take months to work out. >> can it be resolved in the matter of few enough days that they meet that january 31st deadline? >> reporter: anything is possible. i always think of congress like getting the term paper in. they like to wait until the very night before it is due. and that gives them the motivation, as you know, covering them for so long. we think oh, 24 hours to go, it is over. they think we still have 24 hours, it is a lifetime. so could they get it done? yes, but it sure seems a heavy lift at this point in time. >> it does, and i think the markets would have loved it if they could have done it with days to spare. our chief white house correspondent, thank you, je
so while we have seen the principles, the president, speaker boehner, and now senator mcconnell and reid trying to get involved in stages in the last few weeks, it has always broken down because they fundamentally disagree about the big ideas over the core of this debate. they're fighting between the two parties. and this could get resolved in a matter of days or weeks. but the big difference, the issues could really take months to work out. >> can it be resolved in the matter of few...
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Dec 28, 2012
12/12
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i have asked senator reid to do this. but a bill on the floor to make sure taxes on middle-class families do not go up and it is still available for 2 million people. let's not miss this deadline. they did not what the taxes go up. i just have to repeat. outside of washington, nobody a understands how it is back this seems to be a repeat pattern. they sit down and they discuss things and then things happen. if there are disagreements, they sort through them. the notion that elected leadership cannot do the same thing is mind-boggling. it needs to stock -- stop. i am modestly optimistic a deal can be agreed. no one is going to get 100% what they want, but let's make sure the middle class economy, the u.s. economy, and the world economy are not adversely affected. thank you very much, everybody. >> you just heard from president obama talking about the meeting he had at the white house today with four congressional leaders. he said it was a good and constructive conversation. the news is that he said majority leader harry re
i have asked senator reid to do this. but a bill on the floor to make sure taxes on middle-class families do not go up and it is still available for 2 million people. let's not miss this deadline. they did not what the taxes go up. i just have to repeat. outside of washington, nobody a understands how it is back this seems to be a repeat pattern. they sit down and they discuss things and then things happen. if there are disagreements, they sort through them. the notion that elected leadership...
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Dec 29, 2012
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senator reid is not here yet. it does seem like the republicans are perhaps either working with other republicans or working out the details of this possible deal. i think we're in the real working hours right now, and perhaps the less said by these major players at least for the moment, the better. >> the yes, well, let's hope that's the case. jessica, both sides still seem to be aways from what they want and everyone seems to be saying no one is going to get 100% of what they want, right? >> it's a compromise. everybody knows that at this point. i know the staffs of the two leaders are in touch and contacting each other trying to get closer. i can tell you what democrats want is, as you know and the president has made clear, a tax increase for people who make households that make $250,000 and more. an extension of unemployment benefits that affects some 2 million americans or so, a delay in those massive spending cuts that congress put into a package a year ago. increase in the estate tax. now, what do republica
senator reid is not here yet. it does seem like the republicans are perhaps either working with other republicans or working out the details of this possible deal. i think we're in the real working hours right now, and perhaps the less said by these major players at least for the moment, the better. >> the yes, well, let's hope that's the case. jessica, both sides still seem to be aways from what they want and everyone seems to be saying no one is going to get 100% of what they want,...
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Dec 27, 2012
12/12
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. >> i'm not sure where the president and senator ree reid e going to draw the line. where the president before was 400,000 with speaker boehner at a million last week. >> let's suppose it's 250. do you think the republicans will accept that, the say go ahead and do it, do you think so? >> i think we have to look at what the whole package is going to be. taxes are part of it and then the spending side. while we we were in a spending crisis and that's driven by-- and sequestered and-- stuart: will there be any spending cuts in a possible last minute deal, do you think? >> i think they'll set a frame work for something moving forward. i'm not sure what the spending cuts are going to be. what i hope is that next year-- stuart: i know what you hope for, but you're telling me that we're going to get some kind of last minute deal and i want to know what's in it, but i've run out of time. noel, thanks for joining us, appreciate it. >> thank you, sir. stuart: listen to this, a newspaper publishes of names and addresses of gun owners in new york counties. hundreds of names lis
. >> i'm not sure where the president and senator ree reid e going to draw the line. where the president before was 400,000 with speaker boehner at a million last week. >> let's suppose it's 250. do you think the republicans will accept that, the say go ahead and do it, do you think so? >> i think we have to look at what the whole package is going to be. taxes are part of it and then the spending side. while we we were in a spending crisis and that's driven by-- and...
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Dec 26, 2012
12/12
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chip reid has a look. >> at gun shows across the nation this past weekend, people stood in line hoping to get eheir hands on an a.r.-15, the military style rifle used in the newtown, connecticut, school shooting. there's been a run on a.r.-15s at gun stores, too. rick friedman owns r.t.s.p. in randolph, new jersey. >> i normally sell about 15 or 20 a month. i've sold 30 in the last three days. >> reporter: the reason he says is clear. >> because people want to make sure they can own them legally hefore they have that "right" ntken away. >> reporter: the white house said after the newtown shooting atic president obama supports a ban on assault weapons proposed by california democratic senator dianne feinstein. getting it through congress quickly is highly unlikely, but the mere mention of a ban is enough to send sales soaring. and it's not just guns. brownell's, the world's largest firearm supplier, said it morently sold more than three- and-a-half years worth of a.r.- ag magazines in three days. even before newtown, sales of guns and ammunition this year were surging. chb.i. background
chip reid has a look. >> at gun shows across the nation this past weekend, people stood in line hoping to get eheir hands on an a.r.-15, the military style rifle used in the newtown, connecticut, school shooting. there's been a run on a.r.-15s at gun stores, too. rick friedman owns r.t.s.p. in randolph, new jersey. >> i normally sell about 15 or 20 a month. i've sold 30 in the last three days. >> reporter: the reason he says is clear. >> because people want to make sure...
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Dec 29, 2012
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it's up to harry reid to do what he needs to do. so i would suggest that's been a point of frustration. hopefully we're now seeing that get resolved. >> last word. those bills aren't going anywhere in the senate. the voters were very clear they want a balanced approach. they believe the wealthy should pay a little bit more and that middle class families should get a tax increase. that's what they voted for, i believe, in the last election. that's not what the republicans are standing up for right now. >> david, doug, gentlemen, i appreciate you both being here. and it is. it's a shame we're to this point, just a few days out and americans are worried right now about what their paychecks are going to look like the first couple of weeks of january. but thank you both so much. hopefully this gets worked out. you all have a happy new year. >> happy new year. >> about 42 minutes past the hour now. >>> want to turn to number five on our first five web stories. beyonce' is looking for co-stars in her super bowl halftime show. pepsi is runn
it's up to harry reid to do what he needs to do. so i would suggest that's been a point of frustration. hopefully we're now seeing that get resolved. >> last word. those bills aren't going anywhere in the senate. the voters were very clear they want a balanced approach. they believe the wealthy should pay a little bit more and that middle class families should get a tax increase. that's what they voted for, i believe, in the last election. that's not what the republicans are standing up...
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Dec 27, 2012
12/12
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the comment from harry reid you referred to. he said it looked like we'd go over the cliff early on, but we've had so many conflicting events. here's mitch mcconnell, here's what he's having to say. >> it's harry reid i'm told. >> as soon as the votes are over and start debating those amendments tonight. we would really like to get as many, much of that debate out of the night tonight as possible so we can start voting at a reasonably early time tomorrow. the debate today has been stimulating and very thorough and good and we hope,ation understand it, there are three amendments we'll vote on tonight. that will still leave senator wyden's amendment that we'll worry about taking care of that tomorrow sometime. madam president, i ask unanimous consent that at 5:30 any remaining debate time on the amendments be yield back and the senate will vote on the penny amendments, that there be two minutes divided equally between all votes and all shall be ten minutes. >> procedural that they are doing right now. gotten indications that maybe
the comment from harry reid you referred to. he said it looked like we'd go over the cliff early on, but we've had so many conflicting events. here's mitch mcconnell, here's what he's having to say. >> it's harry reid i'm told. >> as soon as the votes are over and start debating those amendments tonight. we would really like to get as many, much of that debate out of the night tonight as possible so we can start voting at a reasonably early time tomorrow. the debate today has been...
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Dec 27, 2012
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they simply said it's up to harry reid in the senate. is he preparing a bill? there was a lot of talk of small ball. a bill to allow taxes to go up on everybody or at least couples that make more than $250,000 a year. $200,000 with single filers. harry reid said he is not going to prepare a bill unless mitch mcconnell allows it to come for a vote for a simple majority. they are seeking assurances that he won't try to block it. for his part he said it's up to the president to lead. unclear if anything is going to happen today. it's becoming more and more likely we will hit january 1st without a resolution. >> peter, obviously the president gets back a little bit from now. what are we hearing about their strategy? we have that very effective bully pulpit? >> it's a good question. the president is supposed to arrive a couple hours from now. 72 degrees for honolulu. better hope he brings sunshine back with him. the real challenge is when he gets here, there is barely 100 hours before the headline hits. he said a short time ago describing their strategy and it remai
they simply said it's up to harry reid in the senate. is he preparing a bill? there was a lot of talk of small ball. a bill to allow taxes to go up on everybody or at least couples that make more than $250,000 a year. $200,000 with single filers. harry reid said he is not going to prepare a bill unless mitch mcconnell allows it to come for a vote for a simple majority. they are seeking assurances that he won't try to block it. for his part he said it's up to the president to lead. unclear if...
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Dec 29, 2012
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reid and mcconnell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's been in a tough position trying to negotiate the fiscal deal with the president. he's been doing this for weeks, month, working on this deal. and you know, they gave it a shot. they tried their best. the house, you know, house republicans wouldn't go for it. and said, you know, it's up to the senate. and once -- if the senate passes something, the house now will consider it. so i -- i do think that the speaker is in a very strong position. and besides, this is a very difficult job. i don't see many republicans standing up and wanting to take speaker boehner on. not many other people could do the job like speaker boehner is. >> i agree. i see you saying that. think about it, he didn't look good when plan b couldn't go to a vote. how can he be strong in
reid and mcconnell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's been in a tough position trying to negotiate the fiscal deal with the president. he's been doing this for weeks, month, working on this deal. and you know, they gave it a shot. they tried their...
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Dec 27, 2012
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harry reid tanking the markets earlier. but as you say they're talking again maybe in the house on sunday night. so it goes. my next guest has been the head of the nonprofit organization uso since 2008. which is a charitable organization committed to taking care of u.s. troops. sloane gibson, uso's ceo an joins me from the nasdaq marketsite where he will ring the closing bell, oh, in about 41 minutes or there abouts. congratulations on that, sloane. thank you for joining us. i know you got back from a holiday uso tour. tell me what the uso provides and why is it so important? >> well the uso's mission is to lift the spirits of america's troops and their families. we've been around for over 71 years now and we constantly change. while the mission stays the same we change and adapt to the changing needs of troops and families. so today you find us pouring a lot of support to former deployed troops serving in harm's way, to military families that have endured stresses of multiple deployments to wounded and injured troops and t
harry reid tanking the markets earlier. but as you say they're talking again maybe in the house on sunday night. so it goes. my next guest has been the head of the nonprofit organization uso since 2008. which is a charitable organization committed to taking care of u.s. troops. sloane gibson, uso's ceo an joins me from the nasdaq marketsite where he will ring the closing bell, oh, in about 41 minutes or there abouts. congratulations on that, sloane. thank you for joining us. i know you got back...
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that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get h
that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate....
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Dec 30, 2012
12/12
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are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we generally see when the senate opens which is the pledge of allegiance, a prayer and so forth, if you see the bottom of your screen, i'm not sure if you can see it, white hair, that is harry reid, the senate majority
are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol...
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Dec 26, 2012
12/12
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to beat the january 1st deadline senate majority leader harry reid is said to be crafting his own fiscal package. it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have murdered his sister. her body was found yesterday, and police say william spamglor had the same kind of military rifle used in the connecticut school massacre. he left behind a chilling note. >> reporter: the christmas eve fire in western new york burned seven homes to the ground, but police say william spangler wanted to do much worse. he planned to burn down the entire neighborhood and "do what i like doing best, killing people." the 62-year-old shot at firefighters from a nearby bank. he killed two of them before taking his own life. police found his note and three guns, including a bushmaster rifle, simil
to beat the january 1st deadline senate majority leader harry reid is said to be crafting his own fiscal package. it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have...
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Dec 26, 2012
12/12
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majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani mechanism, hoping it would force a compmise, but it hasn't. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation among lawmakers to kick in and realize that if we go past january 1s
majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani mechanism, hoping it would force a compmise, but...
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i would certainly hope that reid would realize he gave up his leadership on this bill sometime ago? >> house republicans gather in just a few minutes again, diane, looking for way forward. will they not vote on the proposal? will they give it up-or-down vote or will they attempt to change it? all three options remain on capitol hill already beyond the fiscal cliff. diane. >> rich, these are big names coming out so far. congressman issa no small fry there we also heard from eric cantor that he is against the bill. how damning is it that top republicans are coming out saying they're opposed to deal? >> that is very problematic. that could be a situation where a number about republicans say, look we have tax rates that have gone up. it is beyond january 1st, midnight. what this represents, this proposal is a tax cut, a major tax cut, basically for anybody, any family making less than $450,000 a year. on top of that, you also got this next round upcoming that of a debt ceiling fight. there are republicans like senator lindsey graham who are saying look, make sure you take the debt ceili
i would certainly hope that reid would realize he gave up his leadership on this bill sometime ago? >> house republicans gather in just a few minutes again, diane, looking for way forward. will they not vote on the proposal? will they give it up-or-down vote or will they attempt to change it? all three options remain on capitol hill already beyond the fiscal cliff. diane. >> rich, these are big names coming out so far. congressman issa no small fry there we also heard from eric...
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Dec 27, 2012
12/12
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within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-back bill, which is what he campaigned on. raising taxes for everybody making more than $2
within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said....
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Dec 29, 2012
12/12
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senators harry reid and mitch mcconnell are working on such an agreement as we speak. if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe that such a proposal could pass both houses with bipartisan majorities as long as they allow it to actually come to a vote. if members of the house for the senate want to vote no, they can. which of but everybody vote. that is the way this is supposed to work. -- we should let everybody vote. if you can get a majority, which should be able to pass the bill. host: that was the president yesterday. he talks a little bit more about that in the "washington -- the wall street journal" this mornign ng. back to the telephones. in georgia on the line for rep
senators harry reid and mitch mcconnell are working on such an agreement as we speak. if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and...
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Dec 27, 2012
12/12
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this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow is down 135 points over 1%, consumer confidence very low because of concerns that fiscal cliff will cause taxes to rise for everyone if congress tpaeults to work to the. >>> former president george higgs boson bush remains in intensive care he is -- george h.w. bush remains in intensive. doctors suspected he would be home in time for christmas but his condition worsened, he is alert and talking to hospital staff. >>> there is a bright spot for the economy, new homes selling at fastest past in more than 2 1/2 years. strongest showing since april 2010. when home buyer tax credit boosted sales but still below the 700,00
this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow...
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Jan 1, 2013
01/13
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but what's interesting is john boehner for the last few weeks has said repeatedly let's let harry reid and mitch mcconnell and senate figure this out. now they figured it out and now it's on the house side. as one republican member told me when the senate jams you, they jam you. and there's not a lot you can do about it. don't ask for the senate to jam you then get angry afterwards. so the way forward, it's very perilous now. the markets in asia are going to open up in a few hours. i've got tons of e-mails from folks in the finance community wondering what exactly is happening in washington. we thought this was a done deal. it is very far from a done deal and maybe if we have no vote tonight on something, maybe it takes a market crash tomorrow or a lot of points off the dow in order for the house republicans to take the senate deal, richard. >> so anything can happen as you always remind us there. but based on what we understand right now, those two items come to pass that the amendment it and send it to the senate and the senate won't accept it, this could be dead. >> then it's dead a
but what's interesting is john boehner for the last few weeks has said repeatedly let's let harry reid and mitch mcconnell and senate figure this out. now they figured it out and now it's on the house side. as one republican member told me when the senate jams you, they jam you. and there's not a lot you can do about it. don't ask for the senate to jam you then get angry afterwards. so the way forward, it's very perilous now. the markets in asia are going to open up in a few hours. i've got...
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Dec 27, 2012
12/12
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KOFY
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this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow is down 135 points over 1%, consumer confidence very low because of concerns that fiscal cliff will cause taxes to rise for everyone if congress tpaeults to work to the. >>> former president george higgs boson bush remains in intensive care he is -- george h.w. bush remains in intensive. doctors suspected he would be home in time for christmas but his condition worsened, he is alert and talking to hospital staff. >>> there is a bright spot for the economy, new homes selling at fastest past in more than 2 1/2 years. strongest showing since april 2010. when home buyer tax credit boosted sales but still below the 700,00
this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow...
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Dec 28, 2012
12/12
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that was harry reid. you just saw -- what the two of them said was what we had learned from others about the meeting that is in the next 24 hours we may learn if there's going to be a deal and whether this will bleed into 2013. it's up to senator reid and mcconnell say, it's going to be something i can sell to my caucus and it's going to be something that he can sell to his and senator reid said, look, it's not going to be perfect. that much we knew already. 24 hours, those two men trying to come up with something that will not just pass their caucuses but passed by enough in the house to avoid this fiscal cliff. so we will keep you abreast of that again. we'll hear from the president at 5:45 eastern time. that's in about 15 -- 25 minutes. >>> despite what you might think, congress is getting some work done. today senate sent president obama a bill that reauthorizes eavesdropping on communications in search of possible terrorists. in doing so, lawmakers brushed away concerns about violating privacy. >> th
that was harry reid. you just saw -- what the two of them said was what we had learned from others about the meeting that is in the next 24 hours we may learn if there's going to be a deal and whether this will bleed into 2013. it's up to senator reid and mcconnell say, it's going to be something i can sell to my caucus and it's going to be something that he can sell to his and senator reid said, look, it's not going to be perfect. that much we knew already. 24 hours, those two men trying to...
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Dec 28, 2012
12/12
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LINKTV
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senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it is logistically possible before new year's day -- then the most immediate impact would be the l
senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that...
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Dec 27, 2012
12/12
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we've heard harry reid say several times today, we know what this is about. boehner is gone because he's waiting until he he gets re-elected as speaker on the 3rd. but truth tell both of those for me. are those justifiable concerns on either side? >> reporter: yes, they are actually justifiable political concerns on both sides. approximate both of those men are truth telling to a certain extent. not so much about boehner wanting to be re-elected but as we talked about before, the fact that after december 31st, what happens is everybody's taxes go up so house republicans when they take a vote -- if they take a vote after january 1st, that vote will be to cut taxes which is a very different political vote than voting to effectively raise taxes. so the -- harry reid is right about that when it comes to house republicans. and republicans are right that the president doesn't really think that he's going to get much political fault and damage if we go off the fiscal cliff because all the polls show a majority of americans will probably blame republicans for not pas
we've heard harry reid say several times today, we know what this is about. boehner is gone because he's waiting until he he gets re-elected as speaker on the 3rd. but truth tell both of those for me. are those justifiable concerns on either side? >> reporter: yes, they are actually justifiable political concerns on both sides. approximate both of those men are truth telling to a certain extent. not so much about boehner wanting to be re-elected but as we talked about before, the fact...
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Dec 24, 2012
12/12
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. >> wake of house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasda
. >> wake of house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other...
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Dec 26, 2012
12/12
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we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a million collars for the cap of the tax rates expiring. so what is the position of the white house aides and the people are you talking to there in terms much getting a deal done? >> well, the difference would be, and when you remember plan "b" failed. it failed to garner enough support among republicans to pass the house. the expectation is this would be a measure to require democratic support in the house which speaker boehner was not relying on then. you look at this lo the judgically, this is entirely possible to get through congress, the issue is, it is politically possible t
we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a...
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Dec 26, 2012
12/12
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a spokesperson for senator reid saying, quote, nothing to report, no conversations with republicans yet. senate republican leader mitch mcconnell who can filibuster anything reid proposes, a spokesperson saying, quote, no outream from dems. we are waiting on senate democrats. if nothing's done, january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of the bush tax cuts and assuming congress does not approve the patch anded medicare doc fix, and other things. the lapse of the tax cuts means the top tax rate reverts to 39.6 from 35% now. taxes would also go up for lower income earners. the maximum low rate would revert to 15% from 10% now, and investors see capital gains rate revert from 20%, revert to 20%, rather from 15% now. depending on what analysis you look at, average families could pay $2,000 to $4,000 more in taxes next year. ashley? ashley: that's the why it's called the cliff. thank you, peter. >> you bet. ashley: the speaker stuck in a storm, but the phones do work. bell ringing soon, and amazon known for customer service, especially ove
a spokesperson for senator reid saying, quote, nothing to report, no conversations with republicans yet. senate republican leader mitch mcconnell who can filibuster anything reid proposes, a spokesperson saying, quote, no outream from dems. we are waiting on senate democrats. if nothing's done, january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of the bush tax cuts and assuming congress does not approve the patch anded medicare doc fix, and other...
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Dec 31, 2012
12/12
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FBC
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we have senator harry reid on the floor. dagen: there is senator harry reid. >> it is for the date only. they will. dagen: roughly ten minutes each. >> mr. president, i was disturbed to read in the washington post this morning that some kind of agreements are being made here. somehow, the democrats have agreed to raise the level. dagen: we will monitor what is going on on the senate floor. we will see if senator harry reid has more comments to make. rich, my apologies for interrupting you and the congresswoman. i handed off to you. rich: this is where any time a congressional leader shows up, we are all over it. congresswoman, you are saying, the house has already voted to extend the tax cuts. tax rates go up for everyone or possibly maybe that five that 500,000 threshold. is that something you can still support? >> it was going to be 1%, on the top 1% for one year. here we are 100 years later and look at the mess. that is why we need systemic tax reform. what people want to see is us putting our focus on the spending side o
we have senator harry reid on the floor. dagen: there is senator harry reid. >> it is for the date only. they will. dagen: roughly ten minutes each. >> mr. president, i was disturbed to read in the washington post this morning that some kind of agreements are being made here. somehow, the democrats have agreed to raise the level. dagen: we will monitor what is going on on the senate floor. we will see if senator harry reid has more comments to make. rich, my apologies for...
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Dec 25, 2012
12/12
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FBC
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. >> majority leader harry reid is upset the usoc bought uniforms from china. >> they should be burned and start over again. john: people are desperate for jobs. isn't it outrageous we buy uniforms made overseas? no. in this stupid. let me bring in professional help. whnot to worry about sending work to other countries? >> a fundamental trade makes everybody off. it benefits both parties. john: they could have been made by american workers. >> but we are so much better at other things that making garments is not the comparative advantage. john: that is not a problem. those are factory jobs they're not so pleasant they're designed and marketed and sold and shipped in trucks made on machines built by americans. the chinese olympic team will fly to london on the american planes and this makes us richard? >> people don't get that. one could argue the uniforms were not manufactured in china, but grown in the soybean market and i was. they get bter wages we have lower prices. john: if made in america of people would be poor. another myth. overpopulation. asia is four. africa is for. >> the p
. >> majority leader harry reid is upset the usoc bought uniforms from china. >> they should be burned and start over again. john: people are desperate for jobs. isn't it outrageous we buy uniforms made overseas? no. in this stupid. let me bring in professional help. whnot to worry about sending work to other countries? >> a fundamental trade makes everybody off. it benefits both parties. john: they could have been made by american workers. >> but we are so much better...
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Jan 1, 2013
01/13
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WBAL
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andy reid is out in philadelphia. the only won four games. the surprise of the day was in chicago. smith was fired. began as 7-1 but then missed the playoffs. here is the full graphic. norv turner. nearly 1/4 of the teams in the nfl fired their coach. that is a tough business. happy new year. >> keep your bags packed. time to get to your answers to our water cooler question of the day. >> this morning we asked, what are your resolutions for 2013? matthew, we know you can do it. >> and we wish you luck. so true. >> a fiscal fix to start the new year. >> all this fiscal talk have frustrated some people. >> doctors say a reflux disease is on the rise. >> i think a lot of people will have heartburn today. at least the weather will cooperate. >> we will update you on your morning commute. [cheers] >> 4, 3, 2, 1 -- >> welcome to 2013. >>
andy reid is out in philadelphia. the only won four games. the surprise of the day was in chicago. smith was fired. began as 7-1 but then missed the playoffs. here is the full graphic. norv turner. nearly 1/4 of the teams in the nfl fired their coach. that is a tough business. happy new year. >> keep your bags packed. time to get to your answers to our water cooler question of the day. >> this morning we asked, what are your resolutions for 2013? matthew, we know you can do it....
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Dec 27, 2012
12/12
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asking harry reid to ask and president obama to act. >> harry reid's his lifeline. let me ask you this. everybody watches politics. this isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as much as the members of congress do because he's not on the ballot again. >> but if there's a second recession, doesn't that kill his second te
asking harry reid to ask and president obama to act. >> harry reid's his lifeline. let me ask you this. everybody watches politics. this isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage....
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Dec 30, 2012
12/12
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CSPAN
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harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index was a point of contention raised on the house floor. the reporting from politico earlier about the loggerheads' this afternoon, they say that the provision would result in lower payments for social security beneficiaries. boston, the independent go ahead. >> most companies in the u.s. are now headquartered in toronto. they make their profit in bermuda. we're spending 47 cents on the dollar on the deficit. we will have to do like canada and put a tax on gasoline. what is your opinion? what should we do to fulfill the debt and our obligation? >> what is
harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index...